ARMENIA IS EXPECTED TO BE GRANTED STATUS OF FREE MARKET
ECONOMY BY LATE 2006
07-09-2006 17:30:00 | Armenia | Economy
YEREVAN, SEPTEMBER 7, NOYAN TAPAN. It is expected that
Armenia will be granted status of a free market economy by late
2006. The RA Deputy Minister of Trade and Economic Development
Tigran Davtian told NT correspondent about it. According to him,
the required voluminous package of documents necessary for being
granted the indicated status has already been submitted to the
appropriate bodies of the European Union, and this package is
now under consideration.
T. Davtian said that Armenia is "one of the first countries
in the queue" to receive status of a free market economy. He
noted that the European commission promised to consider the
issue of granting status to Armenia until late 2006. "In my
opinion, we'll receive a positive answer by the end of this
year, otherwise - by early 2007 as the negotiations on the
documents submitted are proceeding quite well, and there is
mutual confidence between the two sides that the problem of
Armenia's status will be solved," he underlined.
The deputy minister said that only two CIS countries have the
status of a free market economy.